Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
AAPA Report Shows Growing Importance of Port System
WASHINGTON — A new report compiled for the American Association of Port Authorities shows that ports and the maritime industry played a critical role in economic growth last year.
Federal Judge Denies CTA Challenge to California AB 5
A federal district court has delivered a setback to the California Trucking Association as the group continues efforts to block the state’s enforcement of the controversial AB 5 law.
Stellantis Agrees to California EV Rules It Long Opposed
Stellantis NV has agreed to strict rules to boost electric cars set by California and adopted by several other U.S. states that the carmaker has previously blasted.
Electrifying Trucking: $1 Trillion Needed for Infrastructure
The trucking industry transitioning to full electrification would require nearly $1 trillion in infrastructure investments, a new study revealed March 19.
BP Oil Refinery in Indiana Resumes Operations
WHITING, Ind. — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down.
March 19, 2024Demand for Electric Power Takeoff Systems Is Growing
The power takeoff unit, a staple of thousands of vocational work trucks across dozens of industries, is on the verge of a makeover, as more operators are finding benefits in electric systems.
Biden Drops Mileage Score for EVs in Bid to Spur Sales
The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles meant to better reflect the real world and further drive sales of emission-free cars.
Tonnage Numbers Mixed for February
Truck tonnage recorded a 12th consecutive decline in February while managing a month-to-month gain, a mixed result for an industry seeking signs of an emergence from its freight recession.
Struggling Battery Factory Is Behind GM’s EV Problems
General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises CEO Mary Barra made five years ago. It still has a long way to go.
Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders
Aerolane is testing a business plan to pull cargo gliders with small freighter planes.